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Blog Expert Advice 8 min read 29 Aug 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 11 supply chain management best practices The supply chain encompasses the entire process of producing and distributing goods or services, from procuring raw materials to delivering finished goods to customers.
“The human race has long appreciated that disruptions are part of life,” writes the staff at Logility, “they come in waves, and the best laid plans don’t always result in the outcomes we work to achieve.”[1] In Part One of this article, I noted that the World Economic Forum believes we have entered the age of the polycrisis — the simultaneous convergence of a number of crises.
The digital supply chain forecasting process is critical for any organization’s success. It helps to ensure that the right products are in the right place at the right time, minimizing stockouts and overstocking, reducing costs and improving customer satisfaction. However, to achieve an accurate and effective digital supply chain forecasting process, it is essential to collaborate with both sales teams and suppliers.
Having a disjointed view of inventory and customer data across both physical and online channels is no longer an option for retailers. Effective order management in the present day requires end-to-end connectivity of intuitive, automated solutions that can optimize customer data and ensure a supply chain that is agile to those same customers’ demands.
By John Hampton (pictured) Content Writer The post The Secrets to Successful Technology Recruitment: Finding the Right Talent for Your Team appeared first on IT Supply Chain.
By John Hampton (pictured) Content Writer The post The Secrets to Successful Technology Recruitment: Finding the Right Talent for Your Team appeared first on IT Supply Chain.
In selecting your Logistics Outsourcing partner, it is crucial to be careful and choose the right one. So, what do you look for when selecting a Logistics Outsourcing Partner? Here are some tips for finding the right 3PL. Related articles on this topic have appeared throughout our website, check them out: The Power of Outsourcing for Supply Chain Improvement 6 Quick Tips for Successful Logistics Outsourcing Insourcing or Outsourcing Logistics: Don’t Choose the Wrong Reasons Getting Aligned wit
By Jessica Sweet (pictured) Content Writer at makeLifeSweeter.com The post Starting A Career In The Digital Supply Chain: What You Need To Know appeared first on IT Supply Chain.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Global auto producer Toyota encountered a “ systems related ” shutdown of auto production operations across Japan according to multiple news reports. The systems issue, which prohibited operations teams to order auto assembly parts and components, reportedly occurred on Monday and cascaded among multiple facilities because of the parts and materials shortages.
Blog " * " indicates required fields Email * More Resources Home August 29, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Judah Levine August 29, 2023 Unbox your Freight knowledge.
Improving businesses and the environment In today’s fast-paced business landscape, inventory management plays a crucial role in determining a company’s success. Whether a small retailer or a large-scale manufacturer, getting your inventory right can significantly impact your bottom line. While you strive for efficiency and profitability, have you considered the environmental impact of your inventory practices?
There are outliers in sports who prove that age is just a number! Tom Brady is one among them! Tom Brady defied many odds as a player. The average retirement age for a National Football League (NFL) player is in their 20s, and very few cross their 30s and stay relevant. But Tom Brady got into the NFL draft at 23 and played till age 46 for 23 seasons.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs. This article explains what inventory management software is, how it works, and how much inventory management software costs to set up and operate.
By Mary Hart Eager to expand your warehouse and order fulfillment capabilities and have the funds to create the facility of your dreams from the ground up? Congratulations! Greenfield warehouses can be a solid way to optimize your entire warehouse operations from wall to wall — from material arrival at your docks to inventory storage; picking to replenishment; sorting to shipping; and more.
As a chief financial officer (CFO), I can understand the tremendous pressures health system and hospital CFOs are facing with rising labor and supply costs and declining reimbursement rates. Financial leaders, regardless of the industry, want to drive higher gross margins, but that seems impossible in healthcare today given the current economic climate.
In today's fast-paced world, businesses are always looking for ways to optimize their operations and stay ahead of the competition. One area that is critical to success is first-rate logistics and supply chain management. We're going to take a look at key challenges, benefits, and the outlook of integrated transportation systems. The delivery of goods is a crucial aspect of this process, and integrating transportation solutions can help you improve your efficiency, reduce costs, and enhance cust
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
A transportation management system ( TMS ) helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. The primary reason companies buy a TMS is for freight savings. These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization.
The dock is a key part of any operation. It is the critical interface between the inside and outside, for product coming and going. It can either be a choke point and a source of pain, or it can be a model of efficiency that reflects your entire operation.
Failed warehouse automation technology launches can leave large and lasting scars – on project leads and brand reputations. Often, it’s not the technology that’s to blame, it’s a poorly managed implementation process.
To maximize sales revenue, brands often need to keep two sets of customers happy. Retail partners require compliance with their rigid vendor requirements. And eCommerce customers want their orders delivered fast and error free.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Three names you don’t see mentioned much nowadays regarding quality management are Walter A. Shewhart, the father of statistical quality control; Joseph Juran, founder of the Juran Trilogy (quality planning, quality control, and quality improvement); and W. Edwards Deming, the architect of the quality movement. These three quality pioneers have significantly impacted how businesses and organizations approach quality in product development and manufacturing today, as well as in modern quality man
Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.
LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. It plays a critical role in the movement of goods, particularly for businesses that don’t have large enough quantities for full truckloads. The bankruptcy of Yellow Corp., formerly known as YRC Freight, sent shockwaves throughout the transportation industry due to its dominant position.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Shipping bulk food-grade products is one of the most complicated types of loads within the bulk transportation industry. To be handled properly, these loads require nothing less than a full-on fact-finding mission from your bulk transport provider. In this article, we’ll examine the process of food-grade transportation and tell you what sets the best food-grade trucking companies apart from the rest.
In an age dominated by technology and data, effectively managing assets has never been more crucial. Every organization, be it a multinational conglomerate or a budding startup, relies on a plethora of assets—physical, digital, or intangible. These assets have lifecycles that, if managed proficiently, can significantly contribute to the overall efficiency and success of the organization.
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